Conceptualizing Global Public Policy

Author(s):  
Inge Kaul

The world is confronting a lengthening list of unresolved global challenges, many of which possess the properties of global public goods. However, we still lack a fully-fledged theory and practice of genuine global public policy. Based on an analysis of what sets global public goods, such as climate change, cyber-security, and international financial stability apart from other policy concerns, this chapter identifies five basic features that a global public policy would need in order to suit the purpose of global public good provision and develop into a recognized new policy field as a function of governance systems, nationally and internationally.

Politeja ◽  
2020 ◽  
Vol 16 (3(60)) ◽  
pp. 269-287
Author(s):  
Dominik Kopiński ◽  
Andrzej Polus

The Poverty of the Concept of Global Public Goods The concept of global public goods (GPG) reflects an attempt to replicate a microeconomic theory of public goods to the domain of international relations (IR). According to economic definition of public goods, which have two properties – non-rivalry and non-exclusivity, pure GPG can be consumed universally and simultaneously by (ideally) all global citizens; at the same time, no society can be excluded from its consumption. Classic examples of GPG include earth atmosphere, knowledge or financial stability. Notwithstanding the fact that pure public goods are incredibly rare, the very definition of GPG is highly problematic. This article is intended as an intervention in a critical debate about the true meaning of the GPGs. Its authors argue that to date the academic community has failed to agree on an intersubjective understanding of GPG. They also claim that the current functioning of the concept in the discourse within IR is “poor”, i.e. it is insufficiently rigorous, blurred and methodologically inconsistent. On the flip side, the way GPG has found its way to IR reflects some of the main problems that the field has been recently immersed in.


2021 ◽  
pp. 91-118
Author(s):  
Daniel Behn ◽  
Ole Kristian Fauchald ◽  
Malcolm Langford

The relationship between the concepts of international investment law and global public goods poses two essential challenges. The first is whether the international investment regime by design is a global public good. The second is whether the regime delivers benefits that are public and global in nature. This chapter addresses these two challenges through a largely empirical perspective. Drawing on three datasets, the authors seek to move beyond the current theorizing in the literature on this theme and base their findings on a comprehensive de jure and de facto analysis. After having discussed the idea of global public goods, they find that the regime high levels of de facto exclusion and in places rivalry, together with an uneven distribution of benefits, such that the international investment regime only partly fits the requirements for a global public good.


2021 ◽  
Vol 3 (4) ◽  
pp. 377-397
Author(s):  
Dong Qiu ◽  
◽  
Dongju Li ◽  

<abstract> <p>ISWGN (Inter-Secretariat Working Group on National Accounts) is revising 2008 SNA and is expected to publish the latest version of SNA in 2025. In this context, this paper observes SNA (System of National Accounts) from a new perspective of global public goods and further understands the public goods attributes of national accounts. The global public good is developed from the theory of public goods. According to its definition, classification, and supply rule, SNA is considered a global public good in essence. In terms of characteristics, SNA belongs to means-oriented and best shot supply-oriented global public goods. It has network effect and belongs to network global public goods. And it is also global institutional knowledge, belonging to knowledge-based global public goods. Although SNA serves as a global standard of national accounts, it is not mandatory for consumption. As a global public good, SNA can enhance a country's statistical ability, avoid and reduce the cost of developing the system of national accounts, and reduce transaction costs. At the same time, SNA has the problem of underprovision and underuse, which requires global cooperation in the revision process of SNA. The evolution of SNA demand determines the evolution of SNA supply. Therefore, even if SNA is a global public good, it does not mean that countries should copy SNA, but need to "localize" SNA and transform it from a global public good to a national or regional public good.</p> </abstract>


2019 ◽  
Vol 14 (1) ◽  
pp. 63-70
Author(s):  
Bhabani Shankar Nayak

Purpose The purpose of this paper is to reject the essentialist and neoliberal approach to public–private partnerships (PPPs) by critically evaluating both normative and empirical arguments within existing literature on PPPs. It explores different dynamics of PPPs in theory and practice within global public policy. Design/methodology/approach The paper draws its methodological lineages to nonlinear historical narrative around the concept and construction of the idea and language of “PPPs”. The paper follows discourse analysis (Fairclough, 2003) to locate the way in which the PPPs were incorporated within the language of global public policy. Findings The paper finds that most of the existing literature is looking at managerial, operational, functional and essentialist aspects of PPPs. Therefore, the paper argues that critical success of PPPs depends on its social value for common good with an emancipatory outlook. The study encourages future researchers to move beyond functional aspects of PPPs and locate emancipatory possibilities within the praxis of PPPs from a holistic perspective of global public policy. Research limitations/implications The existing literature on the concepts and history of PPPs locate its relevance for budgeting and development planning in developed countries and developing countries. Such literature often draws out the advantages and disadvantages of these concepts with a strong focus on the financial implications to the shareholders. However, there appears to be less emphasis on the effects of these concepts and gaps between theory and practice of PPPs. Originality/value The paper rejects the essentialist and neoliberal approach to PPPs and argues for an emancipatory approach to understand and implement PPPs.


2000 ◽  
Vol 18 (1) ◽  
pp. 3-22 ◽  
Author(s):  
Zane A. Spindler ◽  
Xavier de Vanssay

Abstract Like interest groups or clubs, cartels might be regarded as associations for voluntary provision of certain unique public goods. In some markets and some technological circumstances, such public good provision might provide a rationale for cartel survival where otherwise they might be expected to fail. There might even be circumstances in which cartels serve the ‘general’ or ‘public’ interest in the process of serving their own interest. In this case, anti-cartel public policy might be reassessed and based on distribution rather than efficiency grounds. The efficiency gains from cartels might then be dissipated by factional competition over distribution of such gains.


2005 ◽  
pp. 131-141
Author(s):  
V. Mortikov

The basic properties of international public goods are analyzed in the paper. Special attention is paid to the typology of international public goods: pure and impure, excludable and nonexcludable, club goods, regional public goods, joint products. The author argues that social construction of international public good depends on many factors, for example, government economic policy. Aggregation technologies in the supply of global public goods are examined.


Sign in / Sign up

Export Citation Format

Share Document